Year-end Resources for Sage BusinessWorks

Common questions about fiscal year-end and payroll year-end processing in Sage BusinessWorks.

What's New

• Starting with Sage BusinessWorks 2025, schedule automatic backups of your Sage BusinessWorks data. 
• A new 12-month comparative Income Statement has been added in Version 2025.  You can run this for calendar or fiscal year.

Year-end processing general info

• Year-end tips
• How to backup system and company files
• How to create an archive or copy of a company
• Do tax table updates or service packs update sales tax rates?

Tax form printing

• When will the new tax forms be available?
• Enhanced Tax Reporting shows prior year forms
• Error: "The encryption key has changed..." or "Error Opening Company.asd"
• One copy of the W-2 or 1099 isn’t printing
• Filing deadline dates for W-2s, 1099s and Affordable Care Act (ACA) forms?

Payroll Tax Calculations

• What version includes the current year payroll tax updates?
• Will my payroll taxes self-adjust if I don’t install the tax table updates?
• Will Federal and State income tax withholding taxes self-adjust?
• What is the process to correct the program when a Payroll Tax Table Update is installed too early
• Payroll Withholding taxes aren’t calculating correctly
• How to troubleshoot percentage-based tax calculations
• How to modify the tax table allowances, limits, and rates for the new year

Form 941

• 941 Payroll Quarterly Report Frequently Asked Questions - access this article for information regarding processing, reconciling and troubleshooting your 941
• How to access the 941 Schedule B

W-2s

• W-2 processing - Frequently Asked Questions and Troubleshooting - access this article for information regarding processing, reconciling and troubleshooting your W-2s
• Do I have to have my W-2s printed before I close December?
• Do I install tax table updates before or after I’ve processed my W-2s?
• How to process allocated tips

Bonus Checks

• How to process bonus checks
• How to gross up a net value check

Third-Party Sick Pay

• How to process Third-Party Sick Pay when employer pays employer portion of FICA

Vendor 1099s

• 1099 processing Frequently Asked Questions - access this article for information regarding processing and troubleshooting your 1099s
• How to edit vendor 1099 totals
• No data is displaying when printing 1099s
• How to merge multiple vendors into one vendor ID

Affordable Care Act

• Process Affordable Care Act (ACA) forms for Sage BusinessWorks Accounting

After year-end processing is complete

Payroll taxes and tax updates

• Tax Table Updates - FAQ
• How to change my SDI, OASDI or SUI limits
• How to download and install tax updates (to be completed after W-2s and State tax reports are printed)
• Prepare your payroll for the new year

Other resources

• Sage University
• Community Hub Support Forms for Sage BusinessWorks